James Hay has added the Norwich Union European Property fund, managed by Morley, to its wrap platfor...
James Hay has added the Norwich Union European Property fund, managed by Morley, to its wrap platform. The vehicle is an open-ended Luxembourg-domiciled Sicav, authorised for sale in the UK, and is the only European (ex-UK) commercial property fund offering daily dealing to UK investors. James Hay has added this fund in response to increasing consumer demand for property vehicles. In February the Specialist sector was the most popular net retail sector with £408m of inflows into property funds, according to IMA figures.
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